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 Although provided for by the IRS since the 1950s, these plans have not been widely adopted and implemented. The reason for their limited use is mainly due to the complicated administration and management associated with these plans. Some examples of the complicated attributes of these plans are (i) monitoring the employment status of the displaced employees and (i) verifying and reconciling the unemployment benefits paid by the States.
 Since unemployment benefit plans have historically been administered to by human resource personnel without the aid of automated systems, the plans disadvantages have out weighed their advantages.
 The present invention provides a method and system for managing and administering a supplement unemployment benefit plan. The system comprises a secure automated response system, a personal profile database, a benefit profile database, a benefit calculator and means for transferring money to plan members.
 Administering a SUB-plan involves many contingent factors which the present invention takes into account in an automated fashion. Several examples of the system and how it may be used follows.
 A preferred method for administering a SUB-plan comprises initiating a secure automated response system by entering a character string associated with an individual qualified to receive SUB-plan benefits. In the preferred system the automated response system is accessed and utilized through a telephone. The method automatically verifies that the individual has an active record in a personal profile database. The individual then identifies a specific benefit plan by entering a character string. It is predetermined that the individual is associated with a benefit plan, the profile of the benefit plan being stored on a benefit profile database.
 The individuals are automatically verified as members of the benefit plans they identify. After this step an individual identifies whether he has received State unemployment payment for the particular week he is claiming by entering payment identifiers. The payment identifiers comprise check numbers, amount and date. Next, the individual identifies whether he is currently employed or not by entering the character string associated with the affirmation or disaffirmation on the secure automated response system. At many instances an individual may contact a live operator or customer service coordinator.
 Once these steps are completed, the calculator automatically calculates the supplemental unemployment benefit for the particular individual by taking the individual's pre-displaced wages and subtracting the appropriate taxes and State unemployment benefit amounts. These amounts are encoded into the benefit profile database utilized by the calculator.
 Certain States require different taxing for these benefits. The present invention has these encoded so that the SUB amount may be automatically calculated. Once this is calculated, the system automatically provides for the individual to receive the amount determined by the benefit calculator.
 The automated response system next verifies, at the main menu
 If the individual is a first time caller, the system proceeds to
 Once the social security number is correct, the automated response system searches the personal profile database using the individual's social security number to access the individual's personal profile
 At step
 If the individual has filed an initial claim for State unemployment benefits, the invention requests that the individual enter a pre-encoded State abbreviation to identify the State
 If the individual is ineligible for State unemployment benefits, a live operator is provided to proceed further
 If the individual has not filed an initial claim for State unemployment benefits for some other reason, the individual is requested to file an initial claim and to check back with the system once this is done
 Proceeding after logical step
 The individual is requested and enters his predetermined employment benefit registration number
 After step
 In one embodiment of the invention, an administrator of the method and system of the invention charges a fee based on the cost savings provided. The cost savings can be calculated as equal to the basic wages and payroll taxes that a company utilizing the invention would have paid to an individual without the benefit of a supplemental unemployment benefit plan minus the amount of benefits actually paid by the company.
 The amount actually paid by a company is the supplemental unemployment amount calculated by the invention. Savings are realized through reducing payroll taxes and offsetting benefit payments by amounts received as State unemployment compensation. These are advantages provided by SUB plans which the invention administors and automates.
 The administration fee may be a percentage of the realized cost savings. This fee may be automatically charged by the system of the invention.
 Another embodiment of the present invention occurs when at logical step
 Once the individual is found on the personal profile database, the system requests and the caller enters her benefit plan number
 If at box
 After this is completed, the caller is requested to enter her first date of new employment
 One method for providing and establishing personal profiles, benefit plans, benefit profiles, employment status and other required information to populate the system is for an administrator to collect this data from a client and individual. This can be done in written form or electronically by the administrator providing forms to be completed by the client and/or administrator.
 The administrator can also provide reports to clients detailing the systems use of the data provided. Each client's data may reside in a particular sector of a database. The database information may be further broken down to types of data for each client.
 One embodiment for populating the profile databases begins by the administrator sending forms to a client with fields comprising company name, website, addresses, employee identification numbers, States unemployment IDS, State unemployment insurance percent rates, contact information and SIC code.
 To populate a database for an individual participant the administrator collects information that identifies the participant. The administrator also collects information that identifies the participant with a plan that has been described on the database.
 A personal profile database is constructed by such data as an unemployed individual's name, address, telephone number, social security number, tax withholding status and tax filing status.
 A benefit plan is defined on a database by data comprising eligible individuals, a client name, a client address, a client's employer identification number, States unemployment identification numbers, appropriate tax rates and contact information. The client is typically a company using an administrator to manage and operate a SUB plan via the invention for them.
 The benefit profile defines the particular benefits for a particular individual on a benefit plan. The data in a benefit profile may include the individual's per pay rate, primary taxing State, benefit duration period, and year to date wages at the time of the individual's date of separation from employment.
 The client will generally communicate with the administrator to keep individual participant and client data updated. This may be accomplished electronically with the data being imported directly to the database.
 Accordingly, it should be readily appreciated that the system and method of the present invention has many practical applications. Additionally, although the preferred embodiments have been illustrated and described, it will be obvious to those skilled in the art, that various modifications can be made without departing from the spirit and scope of this invention. Such modifications ought to be considered as included in the following claims.